环境、社会和公司治理对商业银行成本效益的影响--来自西欧商业银行的证据

IF 2.5 3区经济学 Q2 ECONOMICS

Managerial and Decision Economics Pub Date : 2024-08-13 DOI:10.1002/mde.4360

Lien-Wen Liang, Tsui-Jung Lin, Meng-Yun Chung

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引用次数: 0

摘要

本研究探讨了 2010-2020 年环境（E）、社会（S）和治理（G）活动对西欧商业银行成本效率的影响。研究采用随机前沿分析（SFA）方法，探讨了 E、S、G 和银行特征变量对成本效率的影响。研究结果表明，商业银行可以通过开展 E、S 和 G 活动来提高成本效率。实施这些做法的银行往往比未实施这些做法的银行具有更高的成本效率。总体而言，本研究的结果符合利益相关者假设，并首次证明了西欧银行业成本效率与环境、社会和公司治理活动之间的相互作用。

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The impact of ESG on the cost efficiency of commercial banks—Evidence from Western European commercial banks

This study examines the impact of Environmental (E), Social (S), and Governance (G) activities on the cost efficiency of commercial banks in Western Europe in 2010–2020. The stochastic frontier analysis (SFA) method was employed to investigate the impact of E, S, G, and bank characteristic variables on cost efficiency. The findings reveal that commercial banks can improve their cost efficiency by conducting E, S, and G activities. Banks that implemented these practices tended to have relatively better cost efficiency than those that did not. Overall, the results of this study are consistent with the stakeholder hypothesis and present the first evidence of the interplay between cost efficiency and ESG activities in the banking industry in Western Europe.

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来源期刊

Managerial and Decision Economics Multiple-

CiteScore

1.40

自引率

18.20%

发文量

242

期刊介绍： Managerial and Decision Economics will publish articles applying economic reasoning to managerial decision-making and management strategy.Management strategy concerns practical decisions that managers face about how to compete, how to succeed, and how to organize to achieve their goals. Economic thinking and analysis provides a critical foundation for strategic decision-making across a variety of dimensions. For example, economic insights may help in determining which activities to outsource and which to perfom internally. They can help unravel questions regarding what drives performance differences among firms and what allows these differences to persist. They can contribute to an appreciation of how industries, organizations, and capabilities evolve.